Costs

American colleges and universities spend billions of dollars a year from state, federal, and private sources. The following articles identify ways to cut costs and ensure that public investment in higher education provides value to students, taxpayers, and society.


University Endowments: Whose Money Is It, Anyway?

If you think that universities are not making the best use of endowment funds, you should look to persuasion rather than government regulation. There are many ways of trying to convince presidents, trustees, and other college leaders that they should change their approaches to the use of their endowments; that would be vastly better than turning to a recently proposed federal mandate.



Trustees Need Training, and They Need to Take Charge of It!

The ultimate responsibility in higher education rests with the governing boards of trustees. If trustees are to be thoughtful overseers, they need to be informed about the role of the board, higher education issues generally, and the challenges facing their state and their campuses. Their knowledge of such matters cannot be taken for granted; they need focused, ongoing education.





Are Entrepreneurs Born or Made? (Part II)

Today’s Pope Center commentary presents arguments by two distinguished writers on an age-old question: can entrepreneurship be taught or is it hard-wired into us? The first argument, by former university president and economist James V. Koch, suggests that entrepreneurship is primarily a matter of our inherent gifts. The second argument, by Buck Goldstein, Internet entrepreneur and “Entrepreneur in Residence” at UNC-Chapel Hill, suggests that entrepreneurship is more a “habit of mind” that can be developed.


Are Entrepreneurs Born or Made? (Part I)

Today’s Pope Center commentary presents arguments by two distinguished writers on an age-old question: can entrepreneurship be taught or is it hard-wired into us? The first argument, by former university president and economist James V. Koch, suggests that entrepreneurship is primarily a matter of our inherent gifts. The second argument, by Buck Goldstein, Internet entrepreneur and “Entrepreneur in Residence” at UNC-Chapel Hill, suggests that entrepreneurship is more a “habit of mind” that can be developed.


Survey Says: UNC System Only Needs Band-Aids, Not Real Reform

Results from an employer survey suggest that graduates of North Carolina’s 16 public universities—especially those from less selective schools—are deficient in terms of their written and oral communication, work ethic, and workplace etiquette. Such problems are serious matters, and they must be addressed in ways that reflect that seriousness. Unfortunately, some system leaders—echoing recommendations made by the surveyed employers—have proposed surface solutions, such as expanding career counseling and internship opportunities. The UNC system should not put much faith in band-aid approaches that hide the serious problems underneath its surface. Better to keep focus on the system’s real shortcomings—general education programs—even if feathers get ruffled.